Audacy, one of the largest radio-show networks in the United States—a network that claims to be able to reach over 200 million people—according to bankruptcy filings reported last week by the New York Post .
The radio network, which includes more than 200 individual stations , recently filed for Chapter 11 bankruptcy in the Southern District of Texas. In response, Soros Fund Management bought hundreds of millions of shares of its debt for 50 cents on the dollar.
The acquisition, ahead of the 2024 election , would continue to expand on the far-left political donor’s growing media empire—which is known to include stakes in the failing Vice Media website, roughly two-dozen local Maine newspapers and at least 18 formerly conservative Spanish language radio stations .
It also could silence scores more conservative broadcasters, warned the David Horowitz Freedom Center’s Front Page Mag .“[W]hile Audacy […]
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